Search Results for: India
India May Become World’s Largest Coal Importer
October 17th, 2014
India’s coal imports in September zoomed up by 19% to 16 million tons as compared to a year ago, no thanks to low output from the state-run Coal India Ltd (CIL), according to data by online trader mjunction. India’s ...
WTO rules for U.S. in India trade dispute
October 15th, 2014
A World Trade Organization ruling Tuesday could help U.S. farmers increase exports to India. India violated numerous trade rules when it banned imports of American poultry, meat, eggs and live pigs, the World Trade Organization ruled Tuesday in a ...
$20 Billion Property Trusts in India halted by Tax Rules
October 14th, 2014
The Indian government has announced rules for setting up real estate investment trusts, vehicles that may spur $20 billion of property development. None of the money will be spent unless the country’s tax code is revised. “REITs cannot take ...
Modi seeks to revive India’s ‘zombie factories’, not abandon them
October 13th, 2014
The strange tale of British India Corporation is an example of how political patronage and India’s strict labor laws keep publicly owned companies going long after they are insolvent. Now Prime Minister Narendra Modi, who campaigned in this year’s ...
Indian stock markets to remain closed from October 2-6
October 2nd, 2014
The stock market will be closed from Thursday to Monday, with trading to resume on Tuesday, on account of Gandhi Jayanti on Thursday, Dussehra on Friday and Bakrid on Monday. The benchmark Bombay Stock Exchange (BSE) index Sensex fell ...
China to invest $20 billion in India despite territorial dispute
September 23rd, 2014
The leader of the People’s Republic of China Xi Jinping arrived on a visit to India, where he had a meeting with Prime Minister Narendra Modi. During the talks, Modi expressed concerns that the trade imbalance between China and ...
Defeating India’s disastrous food price inflation with trade
September 16th, 2014
Indian economic data in July on industrial growth and inflation was disappointing. Industrial sector growth slowed to 3.4 per cent in June 2014 with the manufacturing sector, the largest component, growing at an anaemic 1.8 per cent. But the ...
China and India’s growing strategic weight
September 15th, 2014
The visit of Chinese President Xi Jinping to India this week, so early in the term of India’s new prime minister, Narendra Modi, underlines the growing strategic weight of the relationship between the two countries. Modi’s prime ministership, with ...
Australia to sign uranium trade deal with India
September 3rd, 2014
Australia’s prime minister said on Wednesday that he will sign a uranium export deal with India for peaceful power generation this week, but added that exports of the nuclear fuel to Russia have been banned until further notice. Prime ...
India Recommends Canceling 172 Coal Mining Permits
September 2nd, 2014
India proposed cancelling 172 unused permits to mine coal, while allowing 46 operational mines to keep working to address a Supreme Court ruling that struck down all coal-mine allocations made since 1993. The government is prepared to auction off ...
